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Business

Cameroon: Internet Cut Cost $723,000 for Businesses – IWB

February 3, 2017 Khalid Al Mouahidi 0

In Cameroon, businesses are losing money as a result of an internet cut that has been ongoing since January 17, 2017. Schools as well as […]

Morocco Offers $5.1 Million to Fund South Sudan’s New Capital

February 2, 2017 Geraldine Boechat 0

In keeping with its south-south cooperation policy towards African sister nations, Morocco will contribute $5.1 million to cover feasibility studies of the project to build […]

South Africa: Mineworkers to Down Tools over Wage Dispute

February 1, 2017 Steven Addamah 0

South Africa’s powerful National Union of Mineworkers (NUM) on Wednesday announced that coal miners would down tools in the “coming weeks” over the structure of […]

Internet Penetration: Seychelles, Morocco Top African Rankings

January 30, 2017 Khalid Al Mouahidi 0

The Seychelles, Morocco and South Africa have the best internet connection in Africa with better access, according to statistics in real time published by Internet […]

EU grants Zambia $69 mln as power shortages hit Economy

January 20, 2017 Geraldine Boechat 0

The European Union has granted about $69 million to Zambia to expand electricity supply as the East-African nation faces a power deficit. According to the […]

AngloGold Ashanti to cut over 800 jobs in South Africa

January 20, 2017 Steven Addamah 0

Africa’s biggest gold producer AngloGold Ashanti, which employs about 25,000 people in South Africa, is in talks with unions to lay off more than 800 […]

Morocco’s Platinum Power to Develop Hydropower Projects in Congo

January 19, 2017 Khalid Al Mouahidi 0

Moroccan energy giant Platinum Power based in Casablanca has been picked to develop several hydropower projects in Democratic Republic of Congo (DRC) to produce power […]

Kenya: New Car Sales Plunge 30 % in 2016

January 18, 2017 Steven Addamah 0

The Kenya Motor Industry Association on Wednesday said the number of new vehicles sold in Kenya dropped by 30.6 percent last year mainly due to […]

Kenya: Technical Fault Causes Blackout in Nairobi, Coastal Regions

January 9, 2017 Steven Addamah 0

A major power outage hit Nairobi, Mount Kenya and Coast regions on Monday morning, disrupting businesses and industries, local media reported. Kenya Power said a […]

Magufuli Sacks State-Run Energy Firm Boss over Tariff Hike

January 3, 2017 Steven Addamah 0

Tanzanian President John Magufuli on the first day of the year 2017 sacked the head of the state-run electricity company after the firm approved a […]

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  • Switzerland’s Cicor exits Tunisia, shifts North Africa base to Morocco
  • Sahel Bloc Backs Niger After Deadly Niamey Airport Attack, Praises Military Response
  • Cape Verde Stun Uruguay with Late Fightback to Secure Historic 2-2 World Cup Draw
  • Prosperity Party Secures Landslide Victory in Ethiopia’s 7th General Election as NEBE Releases Final Results
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